63.7: Highest US non-manufacturing PMI in history. Now do you believe? BOOM!
Global PMI
Global PMI
Wednesday, March 3, 2021
How do you know you are in a global boom? When it feels like a big miss for US non-manufacturing PMI to come in at "only" 55.3.
Global PMI
Tuesday, February 2, 2021
Wow. US non-manufacturing smashes expectations, highest since February 2019.
Global PMI
Thursday, January 7, 2021
US PMI's surprise on the upside -- December felt soft in many ways, but apparently this is really a boom.
Global PMI
Thursday, December 3, 2020
Europe is showing some weakness, having already been the slowest region. But even there, the recovery from the spring bottom remains V-shaped around the world.
Global PMI
Wednesday, November 4, 2020
The V-shaped recovery continues everywhere. In the US, the recovery looks more classically cyclical as manufacturing beats, services miss slightly.
Global PMI
Wednesday, August 5, 2020
The V-shaped recovery continues world-wide, but Japan and Asia are bringing up the rear.
Global PMI
Monday, July 6, 2020
Wow. V-shaped recovery pretty much everywhere! Remember, PMI's give you direction and intensity (growth versus contraction) -- not level. But without direction and intensity you can't get the level!